Operational Risk Senior Associate- Emerging risk

Job Description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role:

Being a member of the Risk Tolerance and Emerging Risk Team, you will establish protocols for analyzing, reporting, raising, and mitigating risks. The primary functions of this role will include active engagement in the implementation, maturation and ongoing activities regarding DTCC's emerging risk framework, coordination of monthly scorecards and reporting and supporting the Risk Tolerance process including, but not limited to, collection and reconciliation of risk metrics across all DTCC risk families.

Your Primary Responsibilities:

• Build strong relationships with internal and external partners. Partner with other internal stakeholders on operational risk activities. Participate in discussions with internal and external customers to plan and execute on process enhancements.
• Demonstrate written and verbal communication skills, active engagement in meetings and thought leadership. Provide guidance to internal partners on processes and address issues and inquiries timely.
• Prioritize multiple tasks and initiatives. Lead the design and implementation of Operational Risk Management frameworks and manage project tasks effectively.
• Produce and maintain reporting and metrics for both internal and external stakeholders. Analyze and present data and information to senior leadership within the team and with other departments. Recommend suggestions for improvements.
• Demonstrate and apply a detailed understanding of risk management processes, technology tools and activities, with specific focus on key Operational risks and be responsible for collaborating with other teams to deliver solutions.
• Viewed as a subject matter authority. Provides training and guidance to more junior staff.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

• Minimum of 6 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• Knowledge of financial services, clearing corporations/depository function, brokerage operations, and associated regulatory requirements a plus
• Familiarity with risk management, strategic planning, or scenario planning concepts
• Strong written and verbal communication skills, executive presentation skills
• Highly motivated and a self-starter.
• Ability to adapt to a wide range of stakeholder work styles and leverage different approaches to achieving desired outcomes.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About Us

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

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About the Team

Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.